40, OATLANDS WAY, DURHAM, DH1 5GL - £250,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

40 OATLANDS WAY is a small extended detached house of 104m², built sometime between 1983 and 1990. It was last sold for £250,000 in October 2013, which was around 58% above the average October 2013 detached price in the County Durham local authority area. The most recent EPC inspection was December 2012, where the current energy rating was D, and the potential energy rating was C.

40 OATLANDS WAY Sold Prices

Land registry data shows four sales for 40 OATLANDS WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the four 40 OATLANDS WAY sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2013 18 OCT	£250,000	£158,490	58% above HPI
2007 2 NOV	£250,000	£193,646	29% above HPI
2005 1 APR	£249,000	£163,631	52% above HPI
1997 23 JUN	£99,000	£69,882	42% above HPI

40 OATLANDS WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The four 40 OATLANDS WAY sales between June 1997 and October 2013 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 2007 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the October 2013 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.

How Large is 40 OATLANDS WAY?

40 OATLANDS WAY is 104m², which includes one extension, according to the EPC inspection conducted in December 2012. This puts it in the smallest 30% of detached houses in Durham, based on EPC data. The below chart shows the distribution of detached houses by size in Durham, and where 40 OATLANDS WAY lies on this distribution: 25% of detached houses are smaller than 40 OATLANDS WAY, and 74% of houses are larger. Note that EPC data is not available for all properties in Durham.

40 OATLANDS WAY: Plot and Title Map

40 OATLANDS WAY sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 40 OATLANDS WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 40 OATLANDS WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 40 OATLANDS WAY?

40 OATLANDS WAY is located in DURHAM, in the DH1 postcode district. The below map shows the position of No. 40 on OATLANDS WAY.